With the recent introduction of the Protecting American Talent and Entrepreneurship (PATENT Act), the US Senate set aside partisan politics to take on a problem that plagues all industries, but especially high-tech. In front of Congress, in the media and in a previous blog post, I have decried the current
Tag: patent troll
Patent trolls, aka Non-Practicing Entities (NPE), assert patents against companies in an attempt to collect license fees, but do not otherwise manufacture products or provide services themselves. They use the cost of the litigation as leverage to force settlements from the operating companies. For small companies, it could mean closing their doors.